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Food Wholesale Company Investment Opportunity in Bangalore, India

Online marketplace for food/grocery products with 10,00,000 end-users and 350 B2B clients processing 1,700 orders/monthly.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 4.3 million
Run Rate Sales USD 2.8 million
EBITDA Margin 0 - 10 %
Industries Food Wholesale + 1 more
Locations  Bangalore
Local Time 10:38 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Investment
USD 120 thousand for 10.0% stake (Native Currency: INR 10,000,000)
Reason: Require working capital for business growth. Have a high valuation expectation considering the curre... View More
Includes physical assets worth USD 180 thousand
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Business Overview

- Online marketplace for food and grocery products like fruits, vegetables and staples.

- Have integrated a B2B and B2C model. We have over 10 lakh end users registered on the platform and 350 business clients. We process around 1,700 orders on a daily basis. Our gross margin on sales is 25%.

- Sales have dipped due to a decline in orders arising from the ongoing pandemic.

- We have entered into 10 B2B monthly contracts for the same. Our clients come from different industries ranging from restaurants to research and software development.

- We also manufacture our own line of bakery products and have a registered brand for the same. We process over 100 baking orders on a daily basis.

- Business has 300 registered suppliers and we conduct product delivery on our own. We have hired around 25 delivery staff members and they are compensated on the number of deliveries made. The delivery vehicles are owned by the delivery staff members.

- We have not engaged in much of digital or social media marketing. We primarily rely on goodwill and word-of-mouth promotion.

- Promoter has over 20 years of experience in this industry.

Products & Services Overview

Engaged in manufacturing bakery products, white labelling, staples repacking, distribution for brands, B2C mobile app/website for delivery of food and grocery products, and B2B mobile delivery.

Assets Overview

We own some baking equipment, office equipment, racks, crates, cleaning, segregation machinery and accessories.

Intangible assets include our own website, mobile app, and customer database.

Facilities Overview

We have 20,000 square feet property with 3 floors on a rented basis where we pay INR 3 lakh/monthly.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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